All Forum Posts by: Sophie Dolezel
Sophie Dolezel has started 3 posts and replied 40 times.
Post: seller financing calculations
- Bellevue
- Posts 43
- Votes 17
Hi everyone,
Is there a calculator for seller financing if the house is free and clear and if you will use it for a rental.
The house is in Bellevue WA if that makes a difference
Post: Want Input on Your Deal from Experts?
- Bellevue
- Posts 43
- Votes 17
what is the deadline for submitting the property analysis? Also, is there a limit on how many we can look for feedback on?
Post: Duplex - Fayetteville, AR
- Bellevue
- Posts 43
- Votes 17
@Ryan Blackstone that is Perfect, Thank you!
Would love to get some deals to analyze if you have them.
Post: Duplex - Fayetteville, AR
- Bellevue
- Posts 43
- Votes 17
thanks, lots of data to digest in the report, lol. What would be the Cliff Not version? Would like to know which county is better in terms of jobs, safety, quality of schools and from the overall quality of life perspective. Also, which county is more landlord friendly? Which allows for STRs and Airbnbs.
Post: Duplex - Fayetteville, AR
- Bellevue
- Posts 43
- Votes 17
What makes it a good area Ryan? Looking to invest for the first time in multifamily ( out of state ) and trying to learn about different markets. Thanks!
@Ryan Blackstone thank you. I need to do more research on it as it looks like a potential market I'd look at for an investment. What industry is in the area? How close to the University is it? Is is a good market for STR?
Post: Newbie, high income, not a lot of time - Where to start?
- Bellevue
- Posts 43
- Votes 17
I haven't done any deals so this is just what I have learned working for a private lender and then learning from investors. I would say that it depends on how actively you want to be involved.
You could become a private lender like @Nick Travali mentioned. I worked for one and while you have to have all of your legal ducks in a row to make sure you don't lose your principal, it can be a very nice investment vehicle.
With that much residual income left over, I'd suggest considering entering a small multifamily market as you minimize the risk and maximize cashflow.
Post: Duplex - Fayetteville, AR
- Bellevue
- Posts 43
- Votes 17
What makes it a good area Ryan? Looking to invest for the first time in multifamily ( out of state ) and trying to learn about different markets. Thanks!
Post: Best Market research practices
- Bellevue
- Posts 43
- Votes 17
Quote from @Donald Allen:
OK I’m finally taking action but my only problem is knowing what’s the best areas to look for deals and how would I go about doing my research? What criteria should I use? I would like a good cash flow areas for buy and hold,fix and flip, and very investor active!
I’m in the Midwest (St. Louis) which I hear is a great place to get active.
Also, a newbie here but I found David Green's YouTube channel helpful. Just recently he recorded a video about how he goes about analyzing the market to invest in and how to spot the next big thing coming down the pike.
:
I actually moved on from the Columbus market. I do believe it is a great market to invest in, but I didn't want to wait to built up the capital it required for down payments. The only suggestion I can give is to get yourself a team experts who can help (realtor, contractor, property manager and lender). Hope this is helpful, good luck!
@John Mazzella can you explain what you mean by not wanting to wait to build up the capital it required for down payments?
Post: Announcing Our NEW Rookie Bootcamp!!!
- Bellevue
- Posts 43
- Votes 17
@Account Closed, is there a more detailed outline of what will be covered in the course? What types of investing will be covered? Will there be a community to tap into? Office hours?